THE WORLD PROPERTY JOURNAL

Residential rents are falling due to a rapid increase in rental development in 2018. With a new cycle peak for inventory, rents there, as in much of the nation, will likely maintain a trend of moderation.
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According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, U.S. sales of newly built, single-family homes edged down 1.5 percent in April 2018 to a seasonally adjusted annual rate of 662,000 units after a downwardly revised March 2018 report.
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According to a newly released Home Price Expectations Survey by Zillow, the United States will likely enter the next recession in 2020. The quarterly survey asked more than 100 real estate experts and economists about their predictions for the housing market
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Global Property Spotlight

In the heart of breathtaking Paradise Island adjacent to Nassau, Bahamas, a very rare residential opportunity will soon be available. Opportunities like this are extremely limited on this 685 acre island paradise. Read More »

Regional Real Estate News

Last Updated May 24, 2018 8:34 AM ET

North America

According to the U.S. Department of Housing and Urban Development and the U.S. Census Bureau, U.S. sales of newly built, single-family homes edged down 1.5 percent in April 2018 to a seasonally adjusted annual rate of 662,000 units after a downwardly revised March 2018 report.

Residential rents are falling due to a rapid increase in rental development in 2018. With a new cycle peak for inventory, rents there, as in much of the nation, will likely maintain a trend of moderation.

According to a newly released Home Price Expectations Survey by Zillow, the United States will likely enter the next recession in 2020. The quarterly survey asked more than 100 real estate experts and economists about their predictions for the housing market

According to the Real Estate Board of New York's latest bi-annually Manhattan Retail Report, Manhattan's retail market correction continued this spring with per square foot ground floor retail average asking rents declining year-over-year in 9 of the 17 high-profile corridors.

Orlando's median home price jumped more than 10 percent in April 2018 (when compared to April 2017), while sales likewise saw an increase of more than 8 percent. Inventory declined by nearly 11 percent compared to this time last year.

Billionaire real estate developer and U.S. President Donald Trump, who once considered building luxury hotels in Cuba, is getting set to swing a sky-high verbal crane over the tiny Communist-governed nation.

According to a new report JLL, despite trade tensions and elevated stock market volatility, investors are still seeking value in real estate with global investment in the first quarter of 2018 hitting the highest Q1 level in 10 years at $165 billion.

UK, Germany and Spain are the three most attractive hotel investment destinations in Europe, with more than two-thirds (69%) of investors identifying these markets as the preferred countries for hotel investment in 2018.

According to new research from Daft.ie, residential rents for properties close to Ireland's light-rail DART train stations and Luas stops rose by 3% to an average of €1,770 per month in the first three months of 2018.

According to JLL, Hong Kong remains uniquely globally-oriented within China's system of cities. The Special Autonomous Region (SAR) continues to act as a linking point between Mainland China and the world.

According to JLL's latest Property Market Monitor report, strong leasing momentum driven by tenant decentralization and sustained expansionary requirements from PRC occupiers has pushed rents up in the office market as a whole.

Based on new CBRE Research released this week entitled, The Tech Evolution is Ushering in Shared Logistics, the increasing use of automation is real and impacting Japan's logistics sector in a significant way.

Last Updated May 7, 2018 9:12 AM ET

Middle East and Africa Pacific

The Abu Dhabi property market heavily favored renters and buyers in Q1 of 2018, with market data showing price decreases in all areas. both apartments and villas across the sales and rental sectors became increasingly affordable in Q1.

According to property portal Bayut, Al Reem Island is the most in-demand area among Abu Dhabi tenants this year with studios, 1-beds and 2-beds commanding AED 60k, 82k and 120k, respectively, (14% decline from 2016).